 Is the World Bank compatible with the “Socialist-oriented market economy”?Jean-Pierre Cling, Mireille Razafindrakoto and François Roubaud Revue de la Régulation - Capitalisme, institutions, pouvoirs, 2013, vol. 13 Abstract: Thanks to a remarkable economic performance, Vietnam has achieved huge poverty reduction and has become a middle income country. Although Vietnam considers itself as a ‘socialist-oriented market economy’, the World Bank presents it as a model student of liberalism and market-oriented reforms. The relationship of mutual interest between the World Bank and Vietnam explains this apparent paradox: in its constant search for legitimacy, the former is desperately looking for development models and new clients; the latter accepts this misrepresentation because it needs foreign funding and international credibility. The paper details the example of poverty reduction strategies, which gave the World Bank the opportunity to ‘plant its flag’ in Vietnam. Keywords: Banque mondiale; Vietnam; consensus post-Washington; modèle de développement; réduction de la pauvreté; économie de marché à orientation socialiste; World Bank; Vietnam; post-Washington consensus; Development model; Poverty reduction; Socialist-oriented market economy; Banco Mundial; Vietnam; Consenso post-Washington; modelo de desarrollo; reducción de la pobreza; economía de mercado con orientación socialista (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:rvr:journl:2013:10081 Access Statistics for this article More articles in Revue de la Régulation - Capitalisme, institutions, pouvoirs from Association Recherche et Régulation |
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